Standard Chartered: ”BNB has the potential to grow by over 360% through 2028”

It has been forecast that BNB, the native token of Binance, could rise by 360% by 2028.
According to The Block on the 6th (local time), Standard Chartered’s digital asset manager
Geoffrey Kendrick, head of search, said in a report today that Binance's token BNB is expected to reach $2,775 by the end of 2028.
That would mean a 360% or higher upside potential from the current level of around $600.
In the report, Kendrick said, "BNB will become the largest cryptocurrency in the world with an equal mix of Bitcoin and Ethereum since May 2021.
"The two cryptocurrencies have been almost in line in terms of portfolio, yield and volatility," he said, adding, "I think this relationship will continue." He said he would like to see BNB as a benchmark for the entire digital asset market.
He said that while BNB may not be as good as Bitcoin or Ethereum in terms of real returns or market capitalization, Binance
It is expected that long-term value will be maintained due to close integration with centralized exchanges, a deflationary token structure, and a token burning mechanism.
Kendrick also pointed out a structural limitation of the BNB chain, which can only support 45 validators per day.
He said that because it uses a delegated proof-of-stake method in which validators are selected by the user, it is highly centralized compared to Ethereum, which has more than 1 million validators.
"Since the launch, the use cases for the BNB chain have stagnated and developer activity has been low compared to Avalanche and Ethereum," he noted. However, the recent Pascal hard fork and 6
He added that the Maxwell upgrade, scheduled for June, could attract developer participation. Kendrick also shared his price forecasts for several other major cryptocurrencies besides BNB.
He predicts Bitcoin will hit $200,000 by 2025, $500,000 by 2028, and a 10x increase to $250 by 2029.
XRP is expected to reach $12.50 by 2028, which would be an increase of more than 500% from its current price. However, Ethereum is expected to remain stable.
Kendrick also predicts greater adoption of stablecoins, with the overall stablecoin market expected to reach $4,000 by 2028.
He predicted that the value of digital assets will approach $2 trillion by 2025. However, he added that neither he nor Standard Chartered’s digital asset research team hold any holdings in digital assets.